Here's what you should know about income tax, what it is, how it works, how to calculate it and which states don't have it.

The tax bracket income levels for 2026 are increasing by 2.3% and new tax breaks could allow you to keep more take-home pay.

Lackawanna County property owners anxious about the impact of the county’s reassessment on their 2026 tax bills can begin calculating what that impact might be, at least in terms of their county taxes ...

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Investopedia / Photo Composite by ...

Estimate how much you may owe or get back in April using our free income tax calculator. Enter your income, age and filing status to get started. Annual gross income Think of this as your salary, or ...

After your federal tax return is processed, the IRS refunds any overpayment you made during the previous year. That money doesn't come immediately, though: Even if you file electronically and set up ...

The jackpot for Wednesday's Powerball drawing is $930 million, the seventh largest grand prize in the game's history. The nearly $1 billion jackpot is for a single-winning ticket who chooses an ...

Aaron Broverman is the Managing Editor of Forbes Advisor Canada. He has almost 20 years of experience writing in the personal finance space for outlets such as Bankrate, Bankrate Canada, ...

CHICAGO, Dec. 11, 2025 /PRNewswire/ -- Second-Installment Cook County property taxes are due Dec. 15 for nearly 1.8 million Cook County homes and other properties. That means property owners have less ...

The policy initiatives were announced in the State of the Union address. President Joe Biden on Tuesday touted the nation's economic health in his State of the Union address, just days after a ...

How much you owe the IRS at tax time is determined by the tax brackets you're eligible for. For tax year 2025 (filing in 2026), there are seven brackets: 10%, 12%, 22%, 24%, 32%, 35% and 37%. Each ...